A-share market closing review: Shanghai index continues to decline by 1.18% in the afternoon, AI software and hardware sector rises and then falls.

date
02/08/2025
The three major A-share indexes collectively fell. As of the close, the Shanghai Composite Index fell by 1.18%, the Shenzhen Component Index fell by 1.73%, the ChiNext Index fell by 1.66%, and the CSI 50 Index fell by 1.16%. The total turnover of the Shanghai, Shenzhen and Hong Kong markets was 1.9618 trillion yuan, an increase of 90.9 billion yuan from the previous day. Over 4,200 stocks in the two markets fell. In terms of sector themes, the Zhifu AI, liquid-cooled servers, and assisted reproduction sectors rose, while the steel, coal, and insurance sectors adjusted. On the market, the Zhifu AI sector fluctuated and strengthened, with Yidian Tianxia up by the daily limit. The liquid-cooled server sector was all strong, with Si Quan New Materials up by the daily limit, and companies like Yingweike and Chunchung Technology hitting the daily limit. The assisted reproduction sector continued to strengthen, with companies like Gonton Pharmaceutical, Anke Biotechnology rising by the daily limit, and Hanshang Group hitting the daily limit. The steel sector adjusted, with Baosteel down by over 8%. The coal sector was all down, with companies like Antai Group falling by over 7%.